Islamic finance and regional development in Mena region : an empirical evidence from the golf cooperation countries
Joint Authors
Khayr, Muhammad Lamine
Qurashi, Halimah Sadiyah
Sbai, Muhammad Ali
Source
Revue Algérien de Développement Économique
Issue
Vol. 6, Issue 2 (31 Dec. 2019), pp.329-340, 12 p.
Publisher
Publication Date
2019-12-31
Country of Publication
Algeria
No. of Pages
12
Main Subjects
Economy and Commerce
Financial and Accounting Sciences
Islamic Economics and Finance
Topics
Abstract EN
This article investigates whether the Islamic finance and economic growth relationship is supported by our sample data of some Golf Cooperation countries in the Middle East and North Africa region.
Specifically, the research uses a dataset of fifteen Islamic banks in five MENA countries for different periods ranging from 1994 to 2009.
The growth rate of gross loans and the ratio of M2 / GDP are taken into account to explore the causal and /or the long-run relationships between them.
Our key findings generated by these two empirical tests show that Islamic finance has no effect on economic growth in the selected GCC's banks.
Therefore, policies to improve the Islamic banking efficiency in the region are suggested.
American Psychological Association (APA)
Qurashi, Halimah Sadiyah& Khayr, Muhammad Lamine& Sbai, Muhammad Ali. 2019. Islamic finance and regional development in Mena region : an empirical evidence from the golf cooperation countries. Revue Algérien de Développement Économique،Vol. 6, no. 2, pp.329-340.
https://search.emarefa.net/detail/BIM-982219
Modern Language Association (MLA)
Qurashi, Halimah Sadiyah…[et al.]. Islamic finance and regional development in Mena region : an empirical evidence from the golf cooperation countries. Revue Algérien de Développement Économique Vol. 6, no. 2 (2019), pp.329-340.
https://search.emarefa.net/detail/BIM-982219
American Medical Association (AMA)
Qurashi, Halimah Sadiyah& Khayr, Muhammad Lamine& Sbai, Muhammad Ali. Islamic finance and regional development in Mena region : an empirical evidence from the golf cooperation countries. Revue Algérien de Développement Économique. 2019. Vol. 6, no. 2, pp.329-340.
https://search.emarefa.net/detail/BIM-982219
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 336-339
Record ID
BIM-982219